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Trican Well Service Ltd T.TCW

Alternate Symbol(s):  TOLWF

Energy Oil & Gas Equipment & Services
Trican Well Service Ltd. is a Canada-based oilfield services company. The Company supplies oil and natural gas well servicing equipment and solutions to its customers through the drilling, completion and production cycles. Its services include hydraulic fracturing, cementing, acidizing, coiled tubing and technical solutions. Its cementing solutions combine equipment, quality cement blends and ongoing research and development. Cementing solutions include pre-flushes and spacers, surface cementing, intermediate cementing, liner cementing, cement plugs and others. The coiled tubing includes milling, coiled tubing fracturing, E-Coil and others. It provides equipment, engineering support, reservoir expertise and laboratory services through the delivery of hydraulic fracturing, cementing, coiled tubing, nitrogen services and chemical sales for the oil and gas industry in Western Canada. Its milling services include fracturing plugs, fracturing ports, stage tool/debris sub and others.


TSX:TCW - Post by User

Trican Well Service Ltd > WCS $65 bbl
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Comment by gasoholicon Sep 11, 2022 6:20pm
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Post# 34955434

RE:WCS $65 bbl

RE:WCS $65 bblTime is money

The attached shows that the US started LNG construction( in the modern era) in 2016 and has grown to 14 bcf in 2023. By 2026 they will add another 6 bcf to get to 20 bcf. In Canada LNG was being considered in about 2008. If LNG Canada maintains schedule we will have only 1.8 bcf on line in 2025.
Phase 2 of LNG Canada has still not been officially announced by Shell and its partners but even if they announced it now it probably wouldn't come on line until 2027. So I can understand FWs viewpoint. The Time part is not Shell's doing. 

https://www.lngindustry.com/liquid-natural-gas/09092022/eia-us-lng-export-capacity-to-grow-as-three-additional-projects-begin-construction/
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